The bullish catalyst arrived and the market ignored it. Trump called off Tuesday's planned strike on Iran, the kind of de-escalation that should have eased oil

Brent crude nears $105 as Trump calls Iran ceasefire on 'massive life support,' raising geopolitical risk premiums and pushing oil prices higher.

Trump told Axios "the clock is ticking" for Iran and warned if the regime doesn't make a better deal "they are going to get hit much harder."

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development…

Crude oil futures drop as Trump cancels Iran strike, citing ongoing negotiations and ally requests, affecting market stability.

Brent futures for July delivery fell $1.98, or 1.8 percent, to $110.12 a barrel